Grupo Financiero Banorte SAB de CV (OTCPK:GBOOF)
$ 7.15 0.0625 (0.88%) Market Cap: 19.77 Bil Enterprise Value: 21.74 Bil PE Ratio: 6.74 PB Ratio: 1.53 GF Score: 70/100
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Q2 2020 Grupo Financiero Banorte SAB de CV Earnings Call Transcript

Jul 24, 2020 / 02:00PM GMT
Release Date Price: $3.34 (+2.77%)
Operator

Good morning. Welcome to Banorte Second Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Tomás Lozano, Head of Investor Relations. Please go ahead.

TomÃ;s Lozano;Head of Investor Relations
Financial Intelligence and M&A,

¡; -

Thank you. Good morning. I'm Tomas Lozano, Head of Investor Relations, Financial Intelligence and M&A. I hope everyone is doing well and safely adjusting to the new reality in your hometowns. Welcome to Grupo Financiero Banorte Second Quarter Earnings Conference Call.

Today's presentation may include forward-looking statements that are subject to risks and uncertainties, which may cause actual results to differ materially. We ask you to take this into consideration.

Our CEO, Marcos Ramirez, will provide an update on the implications of the first full quarter into the lockdown in Mexico and the evolution of different measures aim to strengthen the group. Furthermore, Marcos will

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